Ticker: AVGO โข Yield: 1.7% โข Growth (5yr): 15.0%
๐ฐ Net: approx. $2,538 /mo after tax.
Currently, you need $2,117,647.06. But if AVGO grows its dividend by 15.0% annually, you can invest less today and hit your goal later.
*Assumes constant dividend reinvestment is NOT included, only dividend growth.
Reinvesting all dividends with constant yield:
| Year | Total Value | Monthly Income |
|---|---|---|
| Year 1 | $2,153,647 | +$3,051/mo |
| Year 3 | $2,227,493 | +$3,156/mo |
| Year 5 | $2,303,872 | +$3,264/mo |
| Year 10 | $2,506,473 | +$3,551/mo |
โณ You just bought 'Time'. The 9-to-5 grind is now optional.
Looking to cover $3000.00 in monthly bills with dividends? Based on the yield of Broadcom Inc. (AVGO), your target portfolio size is around $2,117,647.06. We base this on its recent trailing yield of 1.70%.
Traded as AVGO, Broadcom Inc. operates within the Technology space. It is often looked at for a blend of growth and income.
From an investment angle, committing $2,117,647.06 requires conviction in AVGO's future.
Disclaimer: Informational only. Not financial advice. Yields vary. Past performance does not guarantee future results.